Sec. 73.3. Establishment or sharing of electronic facilities

Any banking organization that has given the Superintendent the notice described in section 73.6 of this Part may establish or share an electronic facility upon receipt of written notification from the Superintendent that he or she does not object to the establishment or sharing of such facility. The Superintendent shall not object to the establishment or sharing of an electronic facility unless the banking organization submitting the notice fails to meet the requirements of Banking Law, section 28-b and Part 76 of this Title or the establishment or sharing of such facility is prohibited by the home office protection provisions of Banking Law, section 105(1)(ii), 240(2)(b) or 396(2)(b).